Knicks waive Noah 2 years into $72.6-million contract

Knicks release Joakim Noah but don't count on him joining former Bulls teammates in Minnesota

Knicks release Joakim Noah but don't count on him joining former Bulls teammates in Minnesota

The New York Knicks have waived Joakim Noah, ending his disappointing stint after just two seasons. The Daily News reported the team waived him outright, meaning he gave up no money in a buyout.

NY is using the waive and stretch provision to cover for the remaining $38 million on Noah's current deal, per Woj, which will give the Knicks an annual cap hit of $6.4 million for the next three seasons, starting from 2019-20.

The Knicks eventually confirmed the news via their PR team's Twitter account. The 33-year-old hasn't been around the team since January, shortly after he and ex-head coach Jeff Hornacek got into a heated altercation at practice.

The Knicks also announced Saturday that they waived guard Kadeem Allen, signed in July, and forward Jeff Coby, who signed a training camp deal in September. He had great years with the Bulls, highlighted by being voted Defensive Player of the Year and first-team All-NBA in 2014.

In the two seasons since, Noah has played in only 53 games with the Knicks, posting averages of 4.6 points, 7.9 rebounds and 2.0 assists per game.

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